Dee Development IPO Subscription Status: Dee Development IPO is Open on 19 June, 2024 and Close on 21 June, 2024. Dee Development IPO to Raise 20,591,852 shares (Approx ₹418.01 Cr) via IPO. The Fresh Issue of 16,009,852 shares (Approx ₹325.00 Cr) and the offer for sale is 4,582,000 shares of ₹10 (Approx ₹93.01 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
Dee Development IPO is an Mainline IPO and Listed on BSE & NSE. Dee Development IPO Price Band is Fixed at ₹203 Equity Share. Dee Development IPO Lot Size is 73 Shares.
AboutDee Development IPO :
- Dee Development also specialize in handling complex metals such as varying grades of carbon steel, stainless steel, super duplex stainless steel, alloy steel and other materials including inconel and hastelloy in our manufacturing processes. our products to domestic customers and our overseas customers in countries including USA, Europe, Japan, Canada, Middle East, Nigeria, Vietnam, Singapore, China and Taiwan.
- our customers, including global companies such as JGC Corporation, Nooter Eriksen, MAN Energy Solutions SE, Mitsubishi Heavy Industries, and John Cockerill S.A, and Indian companies such as Reliance Industries Limited, Thermax Babcock & Wilcox Energy Solutions Limited India, HPCL–Mittal Energy Limited, Toshiba JSW Power Systems Private Limited, UOP India Private Limited, Doosan Power Systems India Private Limited and Andritz Technologies Private Limited.
Dee Development IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 41,08,518 | 84,85,63,972 | 206.54 |
| Non Institutional Buyers (NIIs) | 30,81,389 | 46,03,08,581 | 149.38 |
| BNII | 20,54,260 | 34,04,15,425 | 165.71 |
| SNII | 10,27,129 | 11,98,93,156 | 116.73 |
| Retail Individual Buyers (RIIs) | 71,89,907 | 17,01,16,134 | 23.66 |
| Anchor Investor | 61,62,777 | 61,62,777 | 1 |
| Total | 1,43,79,814 | 1,48,14,80,542 | 103.02 |
Dee Development Subscription Status day-by-day-
| Categories | 19 June | 20 June | 21 June |
|---|---|---|---|
| QIB | 0.02 | 0.16 | 206.54 |
| NII | 5.14 | 22.67 | 149.38 |
| RII | 2.66 | 8.90 | 23.66 |
| Total | 2.46 | 9.43 | 103.02 |
Dee Development Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
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